This as South Africa was plunged into stage 6 load shedding for the second time this year, prompting the president’s urgent return to the country during an international trip.
“Of these commitments, around R330 billion has already flowed into the economy, opening new factories, expanding production lines and creating new jobs,” the president said in his weekly newsletter. Following his visit to Washington last week, where discussions were held with US president Joe Biden, President Ramaphosa said these international visits and discussions may not have the desired impact on attracting trade and investment to the country if load shedding persists.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
southy_citizen Moegoe this one.
What foreign investment? He’s talking nonsense